Pasari Spinning Mills Share Price Today

Pasari Spinning Mills Q2FY27 Results: H1 loss of ₹6.46 lakh, zero revenue

Pasari Spinning Mills reported a net loss of ₹6.46 lakh for H1FY27, reversing a profit of ₹20.20 lakh in H1FY26. Revenue from operations remained zero for both the quarter and half year ended September 30, 2026. Auditor flagged material uncertainty on going concern due to negative reserves of ₹1,353.09 lakh. Company relies on unsecured borrowings of ₹134.64 lakh from related parties to sustain operations. Governance changes include Prem Bharath Bist appointed as new Chairperson.

Pasari Spinning Mills reappoints B.L. Pundareeka as independent director

Byadarahally Lakshmaiah Pundareeka reappointed as independent director for five years. New term effective from September 20, 2026, to September 19, 2031. All three AGM resolutions passed with 99.18% approval rate. Promoters voted unanimously in favor; public shareholders largely opposed. Pundareeka brings engineering experience and cleared ID exam in 2020.

Pasari Spinning Mills schedules 35th AGM on Sep 19 for FY26 results

Pasari Spinning Mills schedules its 35th AGM for September 19, 2026. Record date for e-voting eligibility is fixed at September 11, 2026. Remote voting window runs from September 14 to September 18, 2026. Key agenda includes adoption of FY26 financials and director re-appointments.

Pasari Spinning Mills Q1 Results: Net loss widens to ₹3.62 lakh

Pasari Spinning Mills Ltd posted a Q1FY26 net loss of ₹3.62 lakh, down from ₹11.15 lakh profit YoY, as total income collapsed to ₹1.42 lakh with zero operating sales. The board reappointed an internal auditor while a Karnataka High Court stay prevents the sale of assets linked to a ₹703 lakh dispute with CCI.

Pasari Spinning Mills closes trading window ahead of Q1FY27 results

Pasari Spinning Mills has closed its trading window from July 1, 2026, until 48 hours after the Q1FY27 results declaration, adhering to SEBI regulations. Designated persons and their immediate relatives are prohibited from trading during this period. The Board Meeting date to approve the unaudited results will be announced later.

Pasari Spinning Mills FY26 net profit falls on lower rental income

Pasari Spinning Mills Limited reported a net profit of ₹27.96 lakh for FY26, down from ₹36.05 lakh in FY25, due to reduced rental income following a court order. Total income dropped to ₹53.25 lakh. The auditors highlighted a material uncertainty related to a legal dispute with Cotton Corporation of India Limited involving a claim of ₹703.12 lakh, though a stay has been granted. The audit report also noted the lack of revaluation for investment properties and the absence of the CFO's signature on the financial statements.